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BYD Launches Three Electric Vehicle Models in Indonesia

The worlds largest electric car manufacturer, BYD of China, has debuted three batteryelectric vehicles in Indonesia as part of its strategy to increas

The worlds largest electric car manufacturer, BYD of China, has debuted three batteryelectric vehicles in Indonesia as part of its strategy to increase its market share in the largest economy in Southeast Asia. With most of its sales in China, BYD overtook Tesla as the leading global electric vehicle manufacturer in the fourth quarter. With a $1.3 billion investment in facilities capable of producing 150,000 vehicles, the business hopes to take advantage of Indonesias booming demand for electric vehicles. Indonesia is pushing hard to adopt electric vehicles and draw capital to support regional supply chains and battery manufacturing. Read More..

B2B Tech News | 2 years ago          

TSMC Forecasts Over 20% Revenue Growth Driven by AI Demand

The biggest contract chipmaker in the world, Taiwan Semiconductor Manufacturing Co. Ltd. TSMC, has forecasted stable capital investment for the curren

The biggest contract chipmaker in the world, Taiwan Semiconductor Manufacturing Co. Ltd. TSMC, has forecasted stable capital investment for the current year and expects over 20% revenue growth driven by Artificial Intelligence AI demand. In addition to announcing plans to increase its worldwide production footprint, including the anticipated start of building at its fab site in Germany later this year, TSMC also posted a quarterly net profit above market forecasts. Despite beating market expectations, the corporation reported a 19% decline in net profit for October–December. TSMC anticipates sales growth in the low to mid20% range in US dollars in 2024. Read More..

B2B Tech News | 2 years ago          

Russian Tech Student Faces Treason Charges Over Alleged Assistance to Ukrainian Hackers

Seymour Israfilov, a Russian IT student, might be charged with treason for allegedly helping Ukrainian hackers carry out cyberattacks on Russia. Israf

Seymour Israfilov, a Russian IT student, might be charged with treason for allegedly helping Ukrainian hackers carry out cyberattacks on Russia. Israfilov is suspected of having "proUkrainian views" and supporting Ukrainian hacking organisations in their attacks on Russian computer infrastructure. He was detained by the Russian security services FSB in October. As part of the Cyber Anarchy Squad, Israfilov, an 18yearold student, was purportedly involved in cyberattacks on colleges and municipal government. He may spend up to 20 years in jail if proven guilty. In Russia, people are frequently arrested on suspicion of participating in cyberattacks against the government. Read More..

B2B Tech News | 2 years ago          

Wipro Optimistic About 2024 as Clients Embrace AI for Cost Savings

The fourthlargest IT company in India, Wipro, is upbeat about the upcoming fiscal year since more and more clients are utilising artificial intelligen

The fourthlargest IT company in India, Wipro, is upbeat about the upcoming fiscal year since more and more clients are utilising artificial intelligence AI to save expenses. According to Suzanne Dann, Head of Wipros Americas 2 business, most customer discussions centre on costcutting measures, with artificial intelligence playing a significant role. The Americas 2 segment comprises Canada, banking, and insurance, accounting for almost 30% of Wipros total sales. The business sees chances in clients moving to the cloud and seeing the benefits of AI to boost productivity, even after a challenging year. According to Srini Pallia, CEO of Wipro Americas 1, 2024 will be a turning point for customers deploying generative AI. Read More..

B2B Tech News | 2 years ago          

Samsungs Galaxy S24 Series Integrates AI Features, Including RealTime Phone Call Translation

To rival Apple, Samsung has announced that its newest line of highend smartphones, the Galaxy S24 series, would have several artificial intelligence f

To rival Apple, Samsung has announced that its newest line of highend smartphones, the Galaxy S24 series, would have several artificial intelligence features, such as simultaneous translation of phone conversations into different languages. Samsung is utilising AI as part of a plan to draw customers and take back market share in smartphones. The Galaxy S24 series brings realtime, twoway voice translation for live phone calls in many languages and other features, including AI message translation, AI summaries, and a "circletosearch" feature. Users devices are downloaded with AI functions that prioritise security and privacy. The Galaxy S24 series from Samsung will go on sale on January 31, 2024. Read More..

B2B Tech News | 2 years ago          

Google Unveils Multisearch Feature for Simultaneous Image and Text Searches in the U.S.

Google has introduced a new AIpowered feature called Multisearch in the United States, enabling users to search with images and text simultaneously us

Google has introduced a new AIpowered feature called Multisearch in the United States, enabling users to search with images and text simultaneously using their mobile phones. The feature, available on smartphones like Pixel 8, Pixel 8 Pro, and the new Samsung Galaxy S24 series, allows users to utilize multisearch with gestures without switching apps. Google aims to enhance the search experience for users and compete with other tech giants in the generative artificial intelligence AI field. The Multisearch feature can be accessed through the lens camera icon in the Google app for both Android and iOS. Read More..

B2B Tech News | 2 years ago          

Blackstone Expanding Singapore Private Equity Team to Capitalize on Southeast Asia Deals

Over the next two years, Blackstone, the worlds most prominent alternative asset manager, intends to treble the number of employees in its Singaporean

Over the next two years, Blackstone, the worlds most prominent alternative asset manager, intends to treble the number of employees in its Singaporean private equity operation. Through this development, the asset management hopes to become closer to its investor base, which consists of family offices, sovereign wealth funds, and private investors, as well as capitalise on the increasing number of deals in Southeast Asia. Due to economic and geopolitical unrest, Blackstone has opened offices in Singapore and is joining other international asset managers. With a minimum deal size of $150 million, the business concentrates on valueadded industry, consumer, healthcare, financial services, and technology. Read More..

B2B Tech News | 2 years ago          

Nigerias Dangote Petroleum Refinery Starts Production, Aiming for SelfReliance

The Dangote Petroleum Refinery in Nigeria, Africas largest oil refinery, has started operations, which is a significant step forward for the refining

The Dangote Petroleum Refinery in Nigeria, Africas largest oil refinery, has started operations, which is a significant step forward for the refining capability of the area. The $19 billion plant, owned by Nigerian businessman Aliko Dangote, can generate 650,000 barrels of gasoline daily and already produces aviation fuel and diesel. Nigeria has historically imported refined petroleum products, a significant oil producer. With 40% more fuel available for export, the Dangote refinery hopes to meet Nigerias domestic demands for kerosene, petrol, diesel, and aviation jet fuel. The facility is essential to Nigerias ability to refine itself independently. Read More..

B2B Tech News | 2 years ago          



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